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‘Definitely a Sham': As Tariffs Climb, Trade Fraud and Accounting Tricks Proliferate

By NYTimes April 07, 2026 Bearish
‘Definitely a Sham': As Tariffs Climb, Trade Fraud and Accounting Tricks Proliferate
U.S. imports from China have shrunk drastically. But billions of dollars of the change appear to be the result of accounting gimmicks and outright fraud.
U.S. imports from China have shrunk drastically. But billions of dollars of the change appear to be the result of accounting gimmicks and outright fraud.